Sariel is known as a fallen angel, but unlike others who rebelled and were cast away forever, he is said to have been forgiven by God. His role is unique, combining mercy, justice, and divine duty.

Fallen angels were nearly twice as likely to default compared with peers that are rated speculative-grade at inception (referred to as original high yield; OHY), according to a study published by ...

Fallen angel bond strategies are inherently contrarian. Exchange-traded funds like iShares Fallen Angels USD Bond ETF FALN buy bonds precisely when most investors are selling. These types of funds ...

Fallen angels began 2025 on a positive note, outperforming the broad high-yield market by 0.10% (1.48% vs. 1.38%). The 10-year U.S. Treasury yield fluctuated throughout the month, peaking at 4.79% ...

We assess the performance of FAs since Covid using the FTSE Time-Weighted Fallen Angel Bond Index (TWUSFA), which captures critical timing effects. We find a more favourable risk/return profile in FAs ...

During production of the first season of Fallen Angels, a neo-noir anthology series airing on Showtime, creator and producer William Horberg came to a worrying conclusion. Like many of the hapless and ...